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Grand Canyon Education, Inc.（LOPE）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是Grand Canyon Education, Inc.的2.0倍（$614.5M vs $308.1M），Grand Canyon Education, Inc.净利率更高（28.1% vs -2.0%，领先30.1%），Cloudflare, Inc.同比增速更快（33.6% vs 5.3%），Grand Canyon Education, Inc.自由现金流更多（$122.9M vs $105.2M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 5.9%）
大峡谷教育（Grand Canyon Education, Inc.）是美国的营利性上市企业，核心业务为高等院校提供课程开发、在线教育解决方案及运营支持服务。该公司最初与亚利桑那州的基督教院校大峡谷大学关联，2008年分拆为独立实体上市。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
LOPE vs NET — 直观对比
营收规模更大
NET
是对方的2.0倍
$308.1M
营收增速更快
NET
高出28.3%
5.3%
净利率更高
LOPE
高出30.1%
-2.0%
自由现金流更多
LOPE
多$17.6M
$105.2M
两年增速更快
NET
近两年复合增速
5.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $308.1M | $614.5M |
| 净利润 | $86.7M | $-12.1M |
| 毛利率 | — | 73.6% |
| 营业利润率 | 35.1% | -8.0% |
| 净利率 | 28.1% | -2.0% |
| 营收同比 | 5.3% | 33.6% |
| 净利润同比 | 5.9% | 6.0% |
| 每股收益（稀释后） | $3.13 | $-0.03 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收LOPENET
| Q4 25 | $308.1M | $614.5M | ||
| Q3 25 | $261.1M | $562.0M | ||
| Q2 25 | $247.5M | $512.3M | ||
| Q1 25 | $289.3M | $479.1M | ||
| Q4 24 | $292.6M | $459.9M | ||
| Q3 24 | $238.3M | $430.1M | ||
| Q2 24 | $227.5M | $401.0M | ||
| Q1 24 | $274.7M | $378.6M |
净利润LOPENET
| Q4 25 | $86.7M | $-12.1M | ||
| Q3 25 | $16.3M | $-1.3M | ||
| Q2 25 | $41.5M | $-50.4M | ||
| Q1 25 | $71.6M | $-38.5M | ||
| Q4 24 | $81.9M | $-12.8M | ||
| Q3 24 | $41.5M | $-15.3M | ||
| Q2 24 | $34.9M | $-15.1M | ||
| Q1 24 | $68.0M | $-35.5M |
毛利率LOPENET
| Q4 25 | — | 73.6% | ||
| Q3 25 | — | 74.0% | ||
| Q2 25 | — | 74.9% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.4% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.5% |
营业利润率LOPENET
| Q4 25 | 35.1% | -8.0% | ||
| Q3 25 | 6.9% | -6.7% | ||
| Q2 25 | 20.9% | -13.1% | ||
| Q1 25 | 30.4% | -11.1% | ||
| Q4 24 | 34.2% | -7.5% | ||
| Q3 24 | 20.2% | -7.2% | ||
| Q2 24 | 18.8% | -8.7% | ||
| Q1 24 | 30.8% | -14.4% |
净利率LOPENET
| Q4 25 | 28.1% | -2.0% | ||
| Q3 25 | 6.2% | -0.2% | ||
| Q2 25 | 16.8% | -9.8% | ||
| Q1 25 | 24.8% | -8.0% | ||
| Q4 24 | 28.0% | -2.8% | ||
| Q3 24 | 17.4% | -3.6% | ||
| Q2 24 | 15.3% | -3.8% | ||
| Q1 24 | 24.8% | -9.4% |
每股收益（稀释后）LOPENET
| Q4 25 | $3.13 | $-0.03 | ||
| Q3 25 | $0.58 | $0.00 | ||
| Q2 25 | $1.48 | $-0.15 | ||
| Q1 25 | $2.52 | $-0.11 | ||
| Q4 24 | $2.83 | $-0.05 | ||
| Q3 24 | $1.42 | $-0.04 | ||
| Q2 24 | $1.19 | $-0.04 | ||
| Q1 24 | $2.29 | $-0.10 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $111.8M | $943.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $746.9M | $1.5B |
| 总资产 | $992.3M | $6.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资LOPENET
| Q4 25 | $111.8M | $943.5M | ||
| Q3 25 | $97.3M | $1.1B | ||
| Q2 25 | $192.3M | $1.5B | ||
| Q1 25 | $144.5M | $204.5M | ||
| Q4 24 | $324.6M | $147.7M | ||
| Q3 24 | $263.6M | $182.9M | ||
| Q2 24 | $241.3M | $157.0M | ||
| Q1 24 | $196.2M | $254.4M |
股东权益LOPENET
| Q4 25 | $746.9M | $1.5B | ||
| Q3 25 | $758.0M | $1.3B | ||
| Q2 25 | $778.0M | $1.2B | ||
| Q1 25 | $780.7M | $1.4B | ||
| Q4 24 | $783.9M | $1.0B | ||
| Q3 24 | $764.1M | $973.1M | ||
| Q2 24 | $759.2M | $881.5M | ||
| Q1 24 | $759.4M | $797.2M |
总资产LOPENET
| Q4 25 | $992.3M | $6.0B | ||
| Q3 25 | $1.0B | $5.8B | ||
| Q2 25 | $1.0B | $5.6B | ||
| Q1 25 | $1.0B | $3.7B | ||
| Q4 24 | $1.0B | $3.3B | ||
| Q3 24 | $992.9M | $3.1B | ||
| Q2 24 | $992.7M | $2.9B | ||
| Q1 24 | $1.0B | $2.8B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $130.5M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $122.9M | $105.2M |
| 自由现金流率自由现金流/营收 | 39.9% | 17.1% |
| 资本支出强度资本支出/营收 | 2.5% | 13.9% |
| 现金转化率经营现金流/净利润 | 1.50× | — |
| 过去12个月自由现金流最近4个季度 | $238.6M | $287.5M |
8季度趋势，按日历期对齐
经营现金流LOPENET
| Q4 25 | $130.5M | $190.4M | ||
| Q3 25 | $-48.6M | $167.1M | ||
| Q2 25 | $124.0M | $99.8M | ||
| Q1 25 | $67.6M | $145.8M | ||
| Q4 24 | $135.8M | $127.3M | ||
| Q3 24 | $-29.4M | $104.7M | ||
| Q2 24 | $98.6M | $74.8M | ||
| Q1 24 | $85.0M | $73.6M |
自由现金流LOPENET
| Q4 25 | $122.9M | $105.2M | ||
| Q3 25 | $-58.3M | $82.5M | ||
| Q2 25 | $115.4M | $39.9M | ||
| Q1 25 | $58.7M | $59.9M | ||
| Q4 24 | $126.1M | $54.2M | ||
| Q3 24 | $-39.0M | $54.5M | ||
| Q2 24 | $89.6M | $45.2M | ||
| Q1 24 | $76.0M | $41.5M |
自由现金流率LOPENET
| Q4 25 | 39.9% | 17.1% | ||
| Q3 25 | -22.3% | 14.7% | ||
| Q2 25 | 46.6% | 7.8% | ||
| Q1 25 | 20.3% | 12.5% | ||
| Q4 24 | 43.1% | 11.8% | ||
| Q3 24 | -16.3% | 12.7% | ||
| Q2 24 | 39.4% | 11.3% | ||
| Q1 24 | 27.7% | 11.0% |
资本支出强度LOPENET
| Q4 25 | 2.5% | 13.9% | ||
| Q3 25 | 3.7% | 15.1% | ||
| Q2 25 | 3.5% | 11.7% | ||
| Q1 25 | 3.1% | 17.9% | ||
| Q4 24 | 3.3% | 15.9% | ||
| Q3 24 | 4.0% | 11.7% | ||
| Q2 24 | 3.9% | 7.4% | ||
| Q1 24 | 3.3% | 8.5% |
现金转化率LOPENET
| Q4 25 | 1.50× | — | ||
| Q3 25 | -2.99× | — | ||
| Q2 25 | 2.98× | — | ||
| Q1 25 | 0.94× | — | ||
| Q4 24 | 1.66× | — | ||
| Q3 24 | -0.71× | — | ||
| Q2 24 | 2.83× | — | ||
| Q1 24 | 1.25× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LOPE
暂无分部数据
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
